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Cases / Investment funds & advisory

Jay Peak Inc., Q Resorts Inc.

Ariel Quiros, William Stenger

ReportedApr 14, 2016
LocationMiami, FL
Amount$350,000,000

This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.

Company / entity
Jay Peak Inc., Q Resorts Inc.
Industry
EB-5 immigrant investor projects (Jay Peak ski resort, Vermont biomedical facility)
How investors were recruited
Foreign nationals solicited through the EB-5 Immigrant Investor Program
Pitch & red flags
funds promised to be used exclusively for specific resort/biomedical projects tied to U.S. residency

Source

SEC official

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